Kenneth Scott and his company, Mission Electronics, have agreed not to engage in the export of EAR controlled material for a period of twenty years. Scott was charged in June 2022 by the U.S. Department of Commerce with violating multiple export control regulations related to the sale of two Motorola handheld radios to Iran with a total value of approximately $1,700..
Treasury’s Office of Foreign Assets Control (OFAC) today announced a settlement with Uphold HQ Inc. for maintaining accounts in sanctioned countries over a five year period. …
The Treasury and Federal Reserve have jointly fined Wells Fargo Bank nearly $100 million for failing to prohibit sanctions violations conducted on its trade finance platform Eximbills over a period of seven years.
Assistant Secretary for Export Enforcement Matthew S. Axelrod reviewed his team's initiatives in the Research Community in a March 8th speech to the Academic Security and Counter Exploitation Program’s Seventh Annual Seminar.
The Securities and Exchange Commission announced charges against and a settlement with global mining and metals company, Rio Tinto plc, for violations of the Foreign Corrupt Practices Act (FCPA) arising out of a …
Swedish Telecoms giant and serial FCPA violator LM Ericsson signed a new deal with the Justice Department acknowleging further breaches of the deferred prosecution agreement it entered into for corruption in Djibouti, China, Vietnam, Indonesia and Kuwait.
Justice announced the arrest of the principals of a Kansas avionics distributor for the export of aviation technology from the United States to Russia and Russian end users.
Ilya Balakaev, 47, of Moscow, was charged In the Eastern District of New York with various offenses related to a years-long scheme to illegally smuggle sensitive devices used in counterintelligence operations from the United States to Russia for the benefit of the Federal Security Service of the Russian Federation (FSB), the principal intelligence and security agency of the Russian government.
Additive manufacturer 3D Systems agreed to pay $12,777,750, engage a consultant and complete compliance audits to settle allegations of violations of Export Administration Regulations (EAR) and International Traffic in Arms Regulations (ITAR) by exporting controlled aerospace technology and metal alloy powder to China without the required license, ...
A Connecticut man and a foreign national have been charged with conspiracy, multiple counts of violating the Foreign Corrupt Practices Act (FCPA), and money laundering in connection with an alleged …
A Chinese national who enlisted in the U.S. Army Reserves under the Military Accessions Vital to the National Interest program, which authorized the U.S. Armed Forces to recruit certain legal aliens …
Arturo Carlos Murillo Prijic, 58, was sentenced to 70 months in prison for conspiracy to launder bribes he received in exchange for corruptly helping a U.S. company win a lucrative contract from the …
A ten-year veteran engineer with General Electric was sentenced to 24 months in prison for conspiring to steal trade secrets, knowing or intending to benefit the People’s Republic of China …
Four and a half years after Customs flagged an attempt to export semiconductor lithography supplies to a barred Chinese Entity, Tao Jiang, 53, of Riverside, CA, and Broad Tech Systems, Inc., …
OFAC announced a settlement with Danfoss A/S. a Danish refrigeration manufacturer, with the firm agreeing to pay $4.4 million to settle its potential civil liability for 225 apparent violations of …
The mid-level program administrator responsible for a scheme to export flight control modeling software to a Chinese government entity pleaded guilty Jan 17th. The apparent motive was greed …
An operation led by French and US authorities, strongly supported by Europol, targeted the crypto exchange platform Bitzlato. The globally operating Hong Kong-registered cryptocurrency exchange is is suspected of facilitating the laundering of large amounts of criminal proceeds and converting them into Rubles …
In an effort to encourage more voluntary self-disclosure, Justice announced revisions to the Corporate Enforcement Policy, which applies to all corporate criminal matters handled by the Criminal …
BIS export enforcement takes a two-pronged approach to enforcement and compliance. Our focus isn't just within the borders of the US, but it's also beyond our borders.
Peter Sandler, Director Enforcement, DG Trade opened the conference:One year on, the implementation of the new regulation (Regulation 2021/821) has gained new urgency from the situation in Ukraine. …